As part of this decree, at least 2,448,000,000 soms will be allocated to support the agricultural sector. The main advantage of the new program is a preferential interest rate of 6% per annum, and the funds will be provided through "Aiyl Bank" and "Eldik Bank".
Funding is distributed across key areas: 70% (1,713.6 million soms) will go to livestock development, 20% (489.6 million soms) will be directed to crop production, and 10% (244.8 million soms) will be allocated for the implementation of water-saving technologies in irrigation.
The lending conditions for farmers engaged in livestock and crop production include the possibility of obtaining unsecured loans of up to 500,000 soms, which will simplify access to financing for small farmers. Loans of up to 1,000,000 soms will be issued on a secured basis. In both cases, the loan term is up to 36 months. For those planning to implement modern irrigation technologies, larger amounts are provided — up to 3,000,000 soms on a secured basis with a similar repayment term of up to three years.
This government initiative aims to strengthen the country's food security and support agricultural producers ahead of the new season. It is expected that the availability of financing will help farmers better prepare for fieldwork and increase livestock numbers.
